Statistical Report on Import and Export of Agricultural Products in China from January to October 2024

Sat, 11/09/2024 - 11:56
Agriculture Universe

Overall situation
According to customs statistics, the total import and export volume of agricultural products in China was 263.91 billion US dollars in the first 10 months of 2024, a year-on-year decrease of 3.9%. Among them, exports amounted to 82.66 billion US dollars, a year-on-year increase of 2.8%; Imports amounted to 181.25 billion US dollars, a year-on-year decrease of 6.7%; The trade deficit was 98.58 billion US dollars, a decrease of 13.5% compared to the same period last year.

In October, the total import and export volume of agricultural products in China was 25.23 billion US dollars, a year-on-year increase of 0.3%. Among them, exports amounted to 9.19 billion US dollars, a year-on-year increase of 10.9%; Imports amounted to 16.04 billion US dollars, a year-on-year decrease of 4.9%; The trade deficit was 6.85 billion US dollars, a decrease of 20.2% compared to the same period last year.

Key export agricultural products

Aquatic products: The cumulative export quantity was 3.317 million tons, a year-on-year increase of 11%, and the export amount was 16.1 billion US dollars, a year-on-year decrease of 1.3%.

Grain: The cumulative export quantity was 1.846 million tons, a year-on-year decrease of 9.1%, and the export amount was 1.18 billion US dollars, a year-on-year decrease of 13.3%.

Key imported agricultural products

Meat (including offal): The cumulative import quantity was 5.475 million tons, a year-on-year decrease of 12.5%, and the import amount was 19.07 billion US dollars, a year-on-year decrease of 18.7%.

Dried and fresh fruits and nuts: The cumulative import quantity was 6.766 million tons, a year-on-year increase of 1.3%, and the import amount was 16.28 billion US dollars, a year-on-year increase of 5.2%.

Grain: The cumulative import quantity was 137.831 million tons, a year-on-year increase of 7.4%, and the import amount was 60.22 billion US dollars, a year-on-year decrease of 9.7%. Among them, the cumulative import quantity of soybeans was 89.936 million tons, a year-on-year increase of 11.2%, and the import amount was 45.54 billion US dollars, a year-on-year decrease of 7.1%.

Edible vegetable oil: The cumulative import quantity was 5.963 million tons, a year-on-year decrease of 25.9%, and the import amount was 6.05 billion US dollars, a year-on-year decrease of 30.5%.

 

Source
中国食品土畜进出口商会 | 海关总署统计快讯